Real Estate Investing in Gumspring, Virginia (23065)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Goochland County • Population: 1,579 • Data updated: September 2026

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Should you buy in 23065 (Gumspring, VA)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (68/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Gumspring, VA (23065)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $394,773
Avg Monthly Rent $1,386
1% Rule ✗ Does Not Meet
Median Income $87,600
% Renters 16.8%

Market Analysis: 23065 Gumspring

Investors eyeing 23065 need to respect the fundamentals at play. Home values of $395K come alongside slower price movement and elevated management overhead.

For an experienced owner, 23065 can be a a credible choice for hunting ground — but the discount at $395K reflects genuine risk that outside investors often underestimate.

In the broader VA picture, 23065 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

Resident income in 23065 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

New investors are better served looking at Gumspring's stable or hybrid ZIPs before stepping into 23065. The learning curve here is expensive when the lesson is wrong.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Gumspring:

C+ Average
Buy Confidence Score: 67/100
Affordability
15/25
Appreciation
22/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Rising (+7.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,386/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
⚖️
BALANCED MARKET
Richmond, VA Metro Area
Even conditions for buyers and sellers
31 days
Average time to sell
Average
11.4%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Richmond, VA metro data
🏠

Property Strategy for 23065

Which property type performs best in this market?

Best for Cash Flow
3BR
3.8% cap rate
Best for Appreciation
3BR
+7.0% 5yr CAGR
Best Overall Value
3BR
$122,096/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
3BR $366,289 $1,950 3.8% +7.0% $122,096
4BR $520,027 $2,410 3.3% +6.2% $130,007

Market Trends

Home Value History (with trend line)

$413K$363K$314K$265K$215K$166KJan 2009Oct 2017Jul 2026

📊 How Does 23065 Compare?

Metric 23065 Gumspring Richmond, VA Virginia
Home Value $394,773 $394,773 N/A $403,170
5-Year CAGR 5.6% 5.6% N/A 6.4%
Avg Rent $1,386 $1,386 N/A -
Cap Rate 2.7% 2.7% - -
💡 Why Invest in 23065? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 23065 (Gumspring, VA). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+5.6%
Moderate

📉 Market Crash Risk Index

Based on Richmond, VA metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
29%
Days Pending
0/2
31 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $394,773
Monthly Rent $1,386
Price-to-Rent 23.7:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 8.3%

📈 Home Appreciation

1-Year +7.5% ▲
3-Year CAGR +4.9% ▲
5-Year CAGR +5.6% ▲
10-Year CAGR +6.4% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
0.9%
Low risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.6%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 23065

Population: 1,579

💰 Median Household Income
$87,600
This area
$87,600
State
$80,295
USA
$74,580
🏠 Renter Occupied
16.8%
This area
16.8%
State
25.7%
USA
34.0%
💼 Unemployment Rate
2.9%
This area
2.9%
State
-18.5%
USA
3.7%
🎓 College Educated
18.9%
This area
18.9%
State
4.0%
USA
33.7%
👤 Median Age
44.7 years
This area
44.7 years
State
9.9 years
USA
38.9 years
🏚️ Vacancy Rate
0.9%
This area
0.9%
State
16.4%
USA
10.5%
👥 Population by Ethnicity
White 79.2%
Black/African American 20.2%
Other/Mixed 0.6%
👶 Under 18
8.4%
This area
8.4%
USA
22.0%
👴 65 and Over
14.8%
This area
14.8%
USA
17.3%
📊 Poverty Rate
1.3%
This area
1.3%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

Frequently Asked Questions

How tight is the rental market in Gumspring, VA?

Gumspring, VA carries elevated vacancy risk. Expect measured absorption at market rents of $1,386/mo.

What are rental rates like in Gumspring, VA?

Rental rates in Gumspring, VA average $1,386/mo. Tenant demand and $395K home values make the yield look reasonable by investor standards.

What is the best play in Gumspring, VA?

For Gumspring, VA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Is house hacking profitable in Gumspring, VA?

House hacking in Gumspring, VA is reasonable to execute. Prices around $395K and rents of $1,386/mo solid owner-occupant economics.

What kind of market is Gumspring, VA for investors?

Our data puts Gumspring, VA at 3.0/5 for investability. Home prices of $395K and rents around $1,386/mo create a solid backdrop for investor activity.

You know 23065 now. You don’t know where it ranks.

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How 23065 ranks in Richmond, VA

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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